Posts Tagged ‘Korea’

10 Things You Need To Know That Are Going On This Weekend

SPECIAL EDITION: 10 Things You Need To Know That Are Going On This Weekend

Courtesy of Joe Weisenthal, at Clusterstock 

It’s a Saturday, but it certainly doesn’t feel like it, because there’s a heck of a lot going on. 

Here’s what you need to be paying attention to this May Day.

  • Greece/IMF/EU talks continue. According to Greek government officials, some kind of announcement may be made today. The market is hoping to hear something that’s orders of magnitude stronger than any bailout announcement we’ve gotten so far, or otherwise the feeling will be that it can and will fall through again.
  • Of course, there are fresh violent, anti-austerity protests going on today in Athens. The fact that it’s May Day, a day for celebrating anti-capitalism only adds to the tension.
  • New reports suggest the criminal probe into Goldman Sachs is not just a perfunctory follow-on to the SEC charges, but rather a truly separate thing that’s wider than Abacus, and that started before the SEC’s investigation. HUGE.
  • With just five days before the election, UK’s The Guardian has endorsed the Liberal Democrats, the country’s biggest third party. Its leader, Nick Clegg, has surged thanks to a string of strong debate performances, Gordon Brown’s disastrous campaigning, and a lingering sense of unease with the conservatives.


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    Facebook's Libra cryptocurrency can still take off and revolutionise money

     

    Facebook's Libra cryptocurrency can still take off and revolutionise money

    Poring Studio / Shutterstock.com

    Courtesy of Gavin Brown, Manchester Metropolitan University and Richard Whittle, Manchester Metropolitan University

    Facebook’s Libra cryptocurrency has suffered a few setbacks recently. As well as facing ...



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    Zero Hedge

    Ray Dalio Warns Of Looming "Big Sag" That Will Rattle Global Markets

    Courtesy of ZeroHedge

    Ray Dalio never misses an opportunity to tell a room full of absurdly rich people how their unchecked greed and unwillingness to lift their heel from the throat of the poor could usher in a global revolution.

    And what better venue for this than the IMF's annual meeting in Washington?

    Oddly enough, Dalio holds back on the Greta Thunberg-style chiding of his audience (fortunately for them, he has no childhood left to ruin), and instead touches how the US and Chin's efforts to battle the post-crisis slowdown continue to impact the global economy and the economies and their respective spheres of influence.

    Once again, Dalio presents his views within the framework of his '1937' theory: That is, that there are a number of factors...



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    Insider Scoop

    48 Biggest Movers From Yesterday

    Courtesy of Benzinga

    Gainers
    • Hepion Pharmaceuticals, Inc. (NASDAQ: HEPA) shares climbed 43.2% to close at $3.58 on Thursday after the company announced the publication of a research article, "A Pan-Cyclophilin Inhibitor, CRV431, Decreases Fibrosis and Tumor Development in Chronic Liver Disease Models," in the peer-reviewed Journal of Pharmacology and Experimental Therapeutics.
    • Synthesis Energy Systems, Inc. (NASDAQ: SES) rose 26.9% to close at $9.20 after surging 12.24% on Wednesday.
    • Assembly Biosciences, Inc...


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    Kimble Charting Solutions

    Bank Index Breakout? Stock Market Bulls Sure Hope So

    Courtesy of Chris Kimble

    One of the most important sectors of the stock market is the banking industry and bank stocks.

    When the banks are healthy, the economy is likely doing well. And when bank stocks are participating in a market rally, then it bodes well for the broader stock market.

    In today’s chart, we look at the Bank Index (BKX).

    As you can see, the banks have been in a falling channel for the past 20 months. As well, the banks have been lagging the broader market during this time as well – see the Ratio in the bottom half of the chart above.

    That said, th...



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    The Technical Traders

    Currencies Show A Shift to Safety And Maturity - What Does It Mean?

    Courtesy of Technical Traders

    Recent rotation in multiple foreign currencies hints at the fact that a new stage of the “Capital Shift” process is taking place and that skilled technical investors need to pay very close attention to how these currencies continue to react over the next 3 to 6+ months.  In the recent past, most of the world’s foreign currencies were declining in value while the US Dollar continued to strengthen.  In fact, we authored many research articles about these trends and how weakness in foreign currencies will drive new foreign investment into the US stock markets for two simple reasons; strength and security. 

    Now that a few of the world’s most ...



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    Chart School

    Review of Andrew CardWell RSI with Wyckoff price waves

    Courtesy of Read the Ticker

    RSI measures relative strength of price action of a set period versus prior set periods. It helps review the price swings or waves, the power of each price thrust into new ground, or lack of it. Price thrust like many things relies on energy, and energy is not a constant, it has a birth, a life and a death and relative strength helps us see that cycle. 

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    Digital Currencies

    Zuck Delays Libra Launch Date Due To Issues "Sensitive To Society"

    Courtesy of ZeroHedge View original post here.

    Authored by William Suberg via CoinTelegraph.com,

    Facebook is taking a much more careful approach to Libra than its previous projects, CEO Mark Zuckerberg has confirmed. 

    “Obviously we want to move forward at some point soon [and] not have this take many years to roll out,” he said. “But ...



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    Lee's Free Thinking

    Look Out Bears! Fed New QE Now Up to $165 Billion

    Courtesy of Lee Adler

    I have been warning for months that the Fed would need new QE to counter the impact of massive waves of Treasury supply. I thought that that would come later, rather than sooner. Sorry folks, wrong about that. The NY Fed announced another round of new TOMO (Temporary Open Market Operations) today.

    In addition to the $75 billion in overnight repos that the Fed issued and has been rolling over since Tuesday, next week the Fed will issue another $90 billion. They’ll come in the form of three $30 billion, 14 day repos to be offered next week.

    That brings the new Fed QE to a total of $165 billion. Even in the worst days of the financial crisis, I can’t remember the Fed ballooning its balance sheet by $165 bi...



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    Biotech

    The Big Pharma Takeover of Medical Cannabis

    Reminder: We are available to chat with Members, comments are found below each post.

     

    The Big Pharma Takeover of Medical Cannabis

    Courtesy of  , Visual Capitalist

    The Big Pharma Takeover of Medical Cannabis

    As evidence of cannabis’ many benefits mounts, so does the interest from the global pharmaceutical industry, known as Big Pharma. The entrance of such behemoths will radically transform the cannabis industry—once heavily stigmatized, it is now a potentially game-changing source of growth for countless co...



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    Mapping The Market

    How IPOs Are Priced

    Via Jean Luc 

    Funny but probably true:

    ...

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    Members' Corner

    Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

    Are you ready to retire?  

    For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

    Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

    Still, the stock market has been better over the last 10 (7%) an...



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    Promotions

    Free eBook - "My Top Strategies for 2017"

     

     

    Here's a free ebook for you to check out! 

    Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

    In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

    This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

    Some other great content in this free eBook includes:

     

    ·       How 2017 Will Affect Oil, the US Dollar and the European Union

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    About Phil:

    Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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